Ramaco Resources, Inc., a leader in metallurgical coal operations and emerging rare earth mineral development, has announced a new financial strategy involving the issuance of senior unsecured notes due 2030. The company plans to use the proceeds from this public offering to redeem its existing Senior Unsecured Notes due 2026. This move is part of a broader strategy to accelerate the development of rare earth minerals, fund future investments, and support general corporate purposes. The notes will be listed on the Nasdaq Global Select Market under the symbol "METCI," with trading expected to begin within 30 business days post-issuance. This financial maneuver is orchestrated by Lucid Capital Markets, LLC, with several other financial institutions participating as joint and lead managers.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.